Overall SLDP gets a technical rating of 6 out of 10. In the last year, SLDP was one of the better performers, but we do observe some doubts in the very recent evolution.
SLDP has an average technical rating and it also does not offer a high quality setup at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
4.44
We found 3 important support areas.
We found 1 important resistance area.
The Technical Rating and Setup analysis above combine different indicators and trends in different timeframes. Individual signals from indicators may give more contradictive signals and should always be interpreted in the more global context.
| Indicator | Value | Signal | Comment |
|---|---|---|---|
| ChartMill Long Term Trend Indicator | UP | POSITIVE | The long term trend for SLDP is up. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for SLDP is down. |
| ChartMill Relative Strength | 98.77 | POSITIVE | SLDP has a high relative strength, it outperformed 98.77% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of SLDP is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | MIXED | The current price of SLDP is below the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of SLDP is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 43.74 | NEUTRAL | The RSI value for SLDP is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.2 | NEGATIVE | The MACD value suggests SLDP has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 14.44 | OVERSOLD | The low Stochastics value suggests SLDP may be oversold. |
| Average True Range in percent/ATR (20) | 15.99 | HIGH VOLATILITY | The high ATR as a percentage value for SLDP suggests high volalility. |
| Average Directional Index/ADX (14) | 26.36 | POSITIVE | The high ADX value value for SLDP suggests a strong trend. |
5.15
+0.05 (+0.98%)
ChartMill assigns a technical rating of 6 / 10 to SLDP.
The current trend direction for SOLID POWER INC (SLDP) is Bullish.
SOLID POWER INC (SLDP) has an RSI value of 43.7375. This indicates that the stock is currently neutral.
The MACD indicator for SOLID POWER INC (SLDP) has a value of -0.197561, indicating a bearish trend.
The short term momentum for SOLID POWER INC (SLDP) is negative.